Taylor Swift's live album is released by former label despite her disapproval.
Taylor Swift's feud with her former label, Big Machine, is reaching new heights after the record company allegedly planned to release a live Swift album this week despite her disapproval. The singer took to Instagram to protest the latest news calling it 'shameless greed,' something that she was, in fact, unaware of until fans alerted her on social media.
Swift posted on her Instagram Story,
Hey guys — I want to thank my fans for making me aware that my former record label is putting out an 'album' of live performances of mine tonight. This recording is from a 2008 radio show performance I did when I was 18. Big Machine has listed the date as a 2017 release, but they're actually releasing it tonight at midnight.
The 'Blank Space' hitmaker stressed she's always been honest with her fans about such stuff, so she just wanted to let them know this release was not approved by her.
Watch: Taylor Swift vs. Scooter Braun: Everything You Need to Know
Swift continued, "It looks to me like Scooter Braun and his financial backers, 23 Capital, Alex Soros and the Soros family and the Carlyle Group have seen the latest balance sheets and realized that paying $330 MILLION for my music wasn't exactly a wise choice and they need money."
The popstar concluded by defaming Big Machine's strategy as "shameless greed" especially in these times of global crisis. "So tasteless, but very transparent."
Last year, Big Machine's owner Scooter Braun acquired the label along with the rights to her first six albums. Swift's been critical of Braun ever since accusing the music manager of "incessant, manipulative bullying."
Back in August, the singer expressed her plans to re-record her back catalog to regain control of her master rights. A few months later, the singer publicly addressed the feud with Scooter Braun during a speech at Billboard's Women in Music 2019 event.